Q3 Earnings Forecast for Lundin Gold Issued By Desjardins

Lundin Gold Inc. (TSE:LUG) – Equities research analysts at Desjardins issued their Q3 2025 earnings per share (EPS) estimates for shares of Lundin Gold in a note issued to investors on Monday, October 27th. Desjardins analyst A. Carson anticipates that the company will post earnings per share of $1.09 for the quarter. Desjardins has a “Hold” rating and a $70.00 price target on the stock. The consensus estimate for Lundin Gold’s current full-year earnings is $2.56 per share.

Several other research analysts have also issued reports on LUG. CIBC raised their target price on Lundin Gold from C$85.00 to C$116.00 in a research report on Friday, October 10th. Jefferies Financial Group raised their target price on Lundin Gold from C$82.00 to C$97.00 in a research report on Friday, October 17th. JPMorgan Chase & Co. lifted their price objective on Lundin Gold from C$16.00 to C$28.00 in a research report on Friday, October 10th. BMO Capital Markets lifted their price objective on Lundin Gold from C$93.00 to C$104.00 in a research report on Thursday, October 9th. Finally, Raymond James Financial lifted their price objective on Lundin Gold from C$65.00 to C$80.00 in a research report on Friday, October 10th. Ten research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of C$72.88.

Lundin Gold Stock Down 4.2%

Shares of TSE:LUG opened at C$91.75 on Tuesday. The firm has a market cap of C$22.14 billion, a P/E ratio of 36.12 and a beta of 1.26. Lundin Gold has a 12-month low of C$29.42 and a 12-month high of C$116.20. The business has a fifty day simple moving average of C$90.80 and a 200 day simple moving average of C$74.45.

Lundin Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 25th were paid a $0.675 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $2.70 annualized dividend and a dividend yield of 2.9%. This is a boost from Lundin Gold’s previous quarterly dividend of $0.21. Lundin Gold’s dividend payout ratio (DPR) is 45.28%.

Insider Activity

In other news, insider Chester See sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of C$83.30, for a total value of C$1,666,000.00. Following the completion of the sale, the insider directly owned 132,571 shares in the company, valued at C$11,043,164.30. This trade represents a 13.11% decrease in their position. Also, insider Sheila Margaret Colman sold 14,600 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of C$81.49, for a total value of C$1,189,754.00. Following the completion of the sale, the insider owned 37,068 shares of the company’s stock, valued at approximately C$3,020,671.32. This represents a 28.26% decrease in their ownership of the stock. Company insiders own 58.72% of the company’s stock.

About Lundin Gold

Lundin Gold Inc is a Canada based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within a 150 km long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador.